v3.26.1
CONSOLIDATED INTERIM STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Millions
Attributable to the owner of the parent
Share capital
Share premium
Foreign currency translation reserve
Cash Flow Hedge reserve
Cost of hedging reserve
other reserves
Retained earnings
Non-controlling interests
Total
Balance at beginning of the period at Dec. 31, 2024 $ (142) $ 267 $ 5,989   $ (8)   $ (5,652) $ (738) $ 6 $ (136)
Other comprehensive [(expense)/income] (54)     $ (48) (11) $ (1)   6 1 (53)
Hedging losses transferred to cost of inventory 3       3         3
NOMOQ put and call liability (Note 12) (1)           (1)   1  
Dividends (Note 25) (132)             (132)   (132)
Balance at end of the period at Jun. 30, 2025 (326) 267 5,989 (48) (16) (1) (5,653) (864) 8 (318)
Balance at beginning of the period at Dec. 31, 2025 (683) 7 5,989 (80) 26   (5,653) (972) 8 (675)
[Profit/(loss)] for the period 30             30   30
Other comprehensive [(expense)/income] 53     16 34 (1)   4   53
Hedging losses transferred to cost of inventory (36)       (36)         (36)
NOMOQ put and call liability (Note 12) (2)           (2)     (2)
Dividends (Note 25) (120)             (120)   (120)
Balance at end of the period at Jun. 30, 2026 $ (758) $ 7 $ 5,989 $ (64) $ 24 $ (1) $ (5,655) $ (1,058) $ 8 $ (750)